Decathlon pumps €4 million into French bike repair company Cyclofix

PARIS, France – The market leader in on-site bike repair in France, Cyclofix, has just raised €5 million to ensure its development in France. The investment will also be used to support expansion plans in Europe and to offer new services. Following an initial €1 million investment round in 2017, this second fundraising is coming from Decathlon (€4 million) and Via ID (€1 million).
Created in 2016, Cyclofix has repaired more than 300,000 bikes in France. Now, the company wants to offer its services in Europe. - Photo Michel de Chavanon